FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.
June 26, 2024Top 100 For-Hire | Less-Than-Truckload | Truckload/Dedicated | Intermodal/Drayage | Motor Vehicle/Driveaway | Tank/Bulk
Air/Expedited | Refrigerated | Flatbed/Heavy Specialized | Package/Courier | Household Goods/Commercial | Mail
Top Mail Carriers
Rank | Company | Revenue (000) |
---|---|---|
1 | FedEx Corp. | 2,050,717 |
2 | 10 Roads Express | 390,445 |
3 | Salmon Cos. | 341,073 |
4 | Postal Fleet Services | 248,967 |
5 | UPS Inc. | 211,211 |
6 | United Airlines | 177,324 |
7 | Kalitta Air | 170,893 |
8 | Evo Transportation & Energy Services | 164,890 |
9 | Matheson Trucking | 143,339 |
10 | Southern Mail Service | 114,719 |
11 | Midwest Transport | 114,320 |
12 | American Airlines | 84,891 |
13 | Delta Air Lines | 82,789 |
14 | Bancroft and Sons Transportation | 80,703 |
15 | Alan Ritchey Inc. | 71,967 |
16 | Northern Aviation Services | 59,528 |
17 | Davenport Transportation | 51,584 |
18 | Tracie McCormick Inc. | 49,873 |
19 | Beco Inc. | 49,799 |
20 | Alaska Air Group | 49,149 |
21 | B&B Trucking | 48,525 |
22 | AJR Trucking | 41,995 |
23 | Alaska Central Express | 41,505 |
24 | McCormick Trucking | 38,025 |
25 | Sodrel Truck Lines | 37,858 |
26 | XPO | 36,388 |
27 | Metro Air Service | 33,181 |
28 | Everts Air Alaska | 31,787 |
Top For-Hire Carriers on this list are common and contract freight carriers operating in the United States, Canada and Mexico. Companies are ranked on the basis of annual revenue. To be included in the Top 100 or any of the sectors, please send contact information to tteditor@ttnews.com. We will contact you via phone or e-mail to get information about your company prior to publication of the next Top 100 list.
Extras
On the Bubble
FedEx’s Strong Profit Forecast Drives Stock Surge
TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase
TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.
UPS to Sell Coyote Logistics to RXO
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
Interactive Map: Where the 2024 Top 100 For-Hire Carriers Are in North America
Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 21, 2024A. Duie Pyle Celebrates Centennial Milestone
From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.
Industry Sector Rankings Reflect Market Downturn
For-hire carriers across segments saw revenues slide and margins tighten in 2023, but some industry sectors fared better than others.
Freight Recession Squeezes Top 100 For-Hire Carriers
Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America.
An Immigrant’s Long Journey to Freedom Leads to Trucking
Since coming to the U.S. from Sudan in 1999, Lual Akoon has built a new life for himself — as a trucker and an advocate, meeting with legislators and representing drivers nationwide.
Fleets Persevere Through Down Market With Care and Creativity
The largest for-hire carriers have persevered through a down market with care for their customers and close attention to controlling costs.
Artur Express to Run 100 Kodiak Self-Driving Sleeper Trucks
Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.